PTC India Financial Services Limited (PFS) announced the appointment of Shri Rajiv Malhotra (DIN: 02383396) as an Additional Director in the category of Nominee Director. This appointment, effective April 8, 2026, was made on the recommendation of the Nomination and Remuneration Committee and is a nomination from PTC India Limited, the holding company. Shri Malhotra is a Mechanical Engineer with a Post Graduate Program in Management, an alumnus of NIT Kurukshetra and IIM Lucknow, and holds a charter in Financial Analysis (CFA). He has over 35 years of experience in the utility and energy sector, including significant roles at NTPC, Athena Energy Ventures Pvt. Ltd., and Energy Infratech Pvt. Ltd. He has served as Executive Director & Group Chief Risk Officer at PTC India Ltd. since June 2013. The Board of Directors meeting, where the approval was granted, commenced at 8:00 PM and concluded at 8:40 PM on April 8, 2026. Shri Rajiv Malhotra is not debarred from holding the office of a Director by any SEBI order or other authority. Shri Rajiv Malhotra and Dr. Manoj Kumar Jhawar are both Nominees of PTC India Limited.
